NEW YORK, April 29, 2013 /PRNewswire/ -- Exosome Diagnostics, a leading developer of biofluid-based molecular diagnostic tests for use in personalized medicine, today announced that Kapil Dhingra, M.D., has been named chairman of Exosome Diagnostics Board of Directors.

Dr. Dhingra, 52, has served as a member of Exosome's board of directors since March 2012. He has significant experience transforming oncology therapeutic and diagnostic development programs into products available to physicians and patients. He is managing member of KAPital Consulting, a healthcare consulting firm he founded in 2008, which provides oncology-related strategic consulting services to biopharmaceutical companies. From 1999-2008, he served in positions of increasing responsibility at Hoffmann-La Roche, Inc, including vice president, head, Oncology Disease Biology Leadership team and Head, Oncology Clinical Development. Before joining Roche, he worked at Eli Lilly & Co, and on the faculty of The University of Texas MD Anderson Cancer Center. During his tenures at both Eli Lilly and Hoffmann-LaRoche, Dr. Dhingra maintained an active academic career first as a clinical associate professor at Indiana University School of Medicine and most recently as a Clinical Affiliate at Memorial Sloan Kettering Cancer Center. Dr. Dhingra also serves on several emerging life science company boards. He previously served on the Boards of several successful companies, including Biovex, Micromet and YM Biosciences, that were acquired by major pharmaceutical companies. He received his medical training from the All India Institute of Medical Sciences.

"Dr. Dhingra has been a critical contributor to the company since he was first appointed to our Board of Directors last year," said James McCullough , chief executive officer of Exosome Diagnostics. "As we transition toward commercialization in the life sciences and clinical diagnostics markets, we are fortunate to have Dr. Dhingra deep industry experience."

Dr. Dhingra stated, "I am pleased to be asked by the Board to take over as Chairman at this important juncture in the evolution of this company. Exosome Diagnostics has built a truly exciting platform with the potential to transform the practice of medicine across a variety of therapeutic areas. I have very much enjoyed working with the Board and the executive team over the past year. The enormous progress achieved by the company in such a short time has further convinced me that the ability to detect molecular alterations in DNA and RNA contained in the exosomes will play a major role in the future of personalized medicine."

About Exosome DiagnosticsExosome Diagnostics is a leading developer of biofluid-based molecular diagnostic tests for use in personalized medicine. Exosomes are packaged and shed into all biofluids, including blood, urine and CSF, providing a stable source for intact, cell-specific nucleic acids. The Company's proprietary exosome diagnostic technology makes use of the presence and natural stability of RNA in exosomes to detect and measure levels of genes responsible for cancer and other diseases. The Company is developing in vitro diagnostic products for use in companion diagnostic applications, detection, and real-time monitoring of disease. The Company maintains facilities in New York, St. Paul, MN and Munich, Germany. For more information, please visit www.exosomedx.com.

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